very important to get boat insurance. With all the dangers‚ it would be crazy not to get boat insurance. Here are a few useful tips when shopping for boat insurance. 1. You should look for an insurance company that is responsive & always available. It is very critical that your company responds when you really need assistance. Help should always be close by when an accident happens‚ when you need claims or emergency service. 2. You should look for an insurance company with good customer service
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An Introduction to Takaful – An Alternative to Insurance By (Muhammad Ayub)∗ Islamic finance has developed mainly in two directions namely Islamic banking and Islamic insurance (Takaful). While information about Islamic banking is being increasingly disseminated‚ features‚ models and structures of Takaful are little known particularly in Pakistan. Purpose of this brief article is to describe main features and models of Takaful system operating in various parts of the world. All human beings
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| ASC 172 PRINCIPLE OF RISK MANAGEMENT AND INSURANCE NURUL SYAFIQAH SHAHRIM 2012216192 CHAPTER 1 : RISK AND ITS TREATMENT DIFFERENT DEFINITIONS 1) RISK - uncertain in future - eg : risk of being killed in an auto accident‚ risk of lung cancer for smokers 2) LOSS EXPOSURE - situation in which loss is possible to occur - eg : building may be damaged by earthquake 3) OBJECTIVE RISK - relative variation of actual loss from expected loss
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INTRODUCTION TO PERSONAL ACCIDENT INSURANCE POLICIES * Except insurance all the investment alternatives involves risk and the only rule that prevails high risk high profit‚ if the economic circumstances is not favoring our investment we will lose our hard earned money‚ further more all these investment plans are for the short period on the other hand Insurance has a long term perspective. As investment it not only covers the risk of your life rather then it also secure the future of your loved
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Do We Need National Health Insurance? For some time now‚ Americans have been wanting to switch to a universal health care system. A healthcare system where all Americans will have access to the proper health care that is affordable and fits their needs. Some solutions that can be implemented are replacing for-profit insurance companies‚ reforming the health care system‚ and hiring insurance companies that have slow cost growths. These are excellent solutions because there are a substantial number
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CHEMICALS | INCORPORATION OF GALLANT CHEMICALS: MEMORANDUM OF ASSOSIATION: THE COMPANIES ORDINANCE‚ 1984 (PRIVATE COMPANY LIMITED BY SHARES) MEMORANDUM OF ASSOCIATION OF GALLANT CHEMICALS PRIVATE LIMITED 1) The name of the Company is "GALLANT CHEMICALS PRIVATE LIMITED." 2) The Registered Office of the Company will be situated in the province of BALOCHISTAN. 3) The objects for which the Company is established are: * To carry on the business of manufacturers‚ producers
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Nationwide Insurance Company By Management Analysis Report Principles of Management‚ MGMT 4/17/08 Executive Summary Nationwide Mutual Insurance Company has demonstrated over the years for strong leadership in the Insurance market. They tend to be a leader more than a follower in their business decisions. Nationwide deals through human resources that have appoint more that 36‚000 employees. Nationwide Mutual Insurance Company has offices throughout the US. The company is a leading
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Internet as an Insurance Distribution Channel- An Empirical Study Jaya Nema Sr.Faculty‚ LNCT-MER‚Indore Introduction After the liberalization of Indian economy various reforms has been made in the insurance sector which has finally opened the gate of this industry for private sector companies. This has brought changes not only in the design of the products available in the market but also the manner in which they are marketed. There is
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scanning component of strategic management. Insurance is one of the service factor that are expected to continue to drive growth in the economy. Thus the insurance sector play important role in supporting economic ‚social and technology development. Economical factor Interest rate at bank very much affect to insurance industry‚ because people always attract by higher return. Therefore‚ they do not prefer lower return policy. Unemployment also affects insurance industry‚ because the unemployment people
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Role of Insurance Regulatory development Authority: Protecting the interests of policyholders. Establishing guidelines for the operations of insurers and brokers. Specifying the code of conduct‚ qualifications and training for insurance intermediaries and agents. Promoting efficiency in the conduct of insurance business. Regulating the investment of funds by insurance companies. Specifying the percentage of business to be written by insurers in rural sectors. Handling
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